Residential Income
New
For Sale
$625,000
70 Orchard Street, Freehold, NJ 07728
Residential, Duplex, Freehold, NJ
Property Size1,664 SF
Price / SF$375.60
Days on Market3
Property Features for 70 Orchard Street
General Information
Property type
Residential
Property subtype
Duplex
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 1, Dining Room, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3
Parking features
On Street, Driveway, Off Street
Patio and Porch features
Patio
Pets allowed
Cats OK, Dogs OK
Interior features
Attic - Pull Down Stairs, Ceilings - 9Ft+ 1st Flr, Dec Molding
Subdivision
Orchard Place
Lot features
Back to Woods
Elementary school
Park Avenue
Middle school
Freehold
High school
Freehold Boro
Directions
South St to Marcy St or Institute St
Standard status
Active
APN
16-00085-0000-00014-08
Size
1,664 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9504
HOA Fee
$100 Monthly
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2024
Floors in Building
2
Building materials
Stone, Cedar
Architectural style
Other
Listing Agency:
Realty One Group Central
Listed By:
Jasleen Kaur
(732) 348-3777
Added: Oct 28
Changed: Oct 29
Last Checked: Oct 29 at 11:06PM
MLS# 22634123
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 2024, this 1,664-square-foot residence has three bedrooms and 2.5 bathrooms. The main floor includes a living area and kitchen with a center island; upstairs are the primary suite, two additional bedrooms, and a full bathroom. Interior details include recessed lighting, crown molding, and 9-foot-plus ceilings on the first floor. A patio, pull-down attic access, and a builder’s warranty are also noted.
The property is at 70 Orchard Street in Freehold, New Jersey. Heating is forced air with natural gas, and cooling is central air. Water service is public, and the property connects to public sewer. Parking options listed include on-street, off-street, and driveway parking.
The property is at 70 Orchard Street in Freehold, New Jersey. Heating is forced air with natural gas, and cooling is central air. Water service is public, and the property connects to public sewer. Parking options listed include on-street, off-street, and driveway parking.
Key Highlights
- 1,664 square feet of living space
- Three bedrooms and 2.5 bathrooms
- Built in 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,589
Cap Rate
4.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,780
$511.8K
Cap Rate 7%
$365,557
$365.6K
Cap Rate 9%
$284,322
$284.3K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$49.9K $30.00/SF
− Vacancy
−$3.4K −$2.04/SF
EGI
$46.5K $27.96/SF
− OpEx
−$20.9K −$12.58/SF
NOI
$25.6K $15.38/SF
Area
Monmouth County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$511,780
Cap Rate 7%
$365,557
Cap Rate 9%
$284,322
Alternative Uses
Best Use
Apartment 5plus
$365.6K
$319.9K – $426.5K
NOI $25,589 @ 7.0% cap · market cap 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,415 @ 7.0% cap · market cap 4.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,505
Businesses Nearby
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Business Placement
Demographics for 07728, NJ
56,444
Population
21,150
Households
2.7
Avg Household Size
43
Median Age
46%
College-Educated
92%
High-School Grad
49.6 sq mi
ZIP Area
1,138
Density / Sq Mi
$107,042
Median Household Income
$56,824
Median Earnings
$1,941
Median Rent
$490,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Single family property - The 2024-built residence has three bedrooms, 2.5 bathrooms, and a kitchen with a center island.
Where is this single family property located?
The property is located at 70 Orchard Street Freehold, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,664 square feet of living space; Three bedrooms and 2.5 bathrooms; Built in 2024
